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  • newDespair in Lebanon Pushing Some to Flee to Europe in Boats
    Mohammed Sufian did not dream of much: a job, food on the table, the chance to buy his 2½-year-old son the little things a toddler wants. So when he heard that smugglers were taking people from his hometown of Tripoli to the nearby Mediterrane…
    - 5 hours ago, 18 Sep 20, 6:48pm -
  • newLebanon Sees 18 Covid Deaths and 750 Cases in 1 Day
    Lebanon on Friday reported record daily coronavirus deaths and cases according to a statement issued by the Health Ministry. The Ministry said the small country witnessed 18 deaths and 750 new virus cases over the past 24 hours.
    - 6 hours ago, 18 Sep 20, 6:01pm -
  • newJumblat Criticizes Advocates of 'Old Pact' and 'New Norm'
    Progressive Socialist Party leader Walid Jumblat on Friday issued warnings to the feuding political camps that are bickering over the finance ministerial portfolio. “Very soon, the advocates of the old pact and the advocates of the new norm w…
    - 6 hours ago, 18 Sep 20, 5:36pm -
  • newArmy Disposes of 1.3 Tons of Fireworks Found at Beirut Port
    The army on Friday announced that it has disposed of 1,320 kilograms of fireworks found by its units at a Beirut port hangar during an ongoing inspection process. “As part of the inspection works that army units are carrying out at Beirut por…
    - 7 hours ago, 18 Sep 20, 5:08pm -
  • newBazzi Says 'Shadow PMs' Want to 'Isolate Entire Sect'
    MP Ali Bazzi of Speaker Nabih Berri's Development and Liberation bloc on Friday described ex-PMs Saad Hariri, Najib Miqati, Fouad Saniora and Tammam Salam as "the shadow PMs," accusing them of seeking to "isolate" an "entire sect."
    - 9 hours ago, 18 Sep 20, 3:06pm -
  • newMacron Steps up Lebanon Efforts as Reports Say Initiative Has No Deadline
    In addition to his phone talks with President Michel Aoun on Friday, French President Emmanuel Macron has also called Speaker Nabih Berri and ex-PM Saad Hariri, MTV said on Friday. “France has no intention to freeze its initiative, which is n…
    - 11 hours ago, 18 Sep 20, 12:59pm -
  • newGeagea: Demands to Retain Finance Ministry Harm French Initiative
    Lebanese Forces chief Samir Geagea said the French initiative was not launched to solve Lebanon’s multiple crises, but came to alleviate the suffering and burden of the Lebanese people.
    - 12 hours ago, 18 Sep 20, 12:10pm -
  • newFootballer Mohamed Atwi Dies of Bullet Wound
    A prominent Lebanese footballer has died of a bullet wound sustained last month during a funeral for one of the victims of the Beirut port blast, his club said Friday. Mohamed Atwi, 32, played as a midfielder for a number of Lebanese clubs and…
    - 12 hours ago, 18 Sep 20, 11:31am -
  • newMacron Holds Phone Talks with Aoun on Govt. Formation
    President Michel Aoun received a telephone call on Friday from his French counterpart where talks focused on the hurdles delaying the formation of the government missing a French deadline.
    - 13 hours ago, 18 Sep 20, 11:06am -
  • newIsrael Charges East Jerusalem Woman with Aiding Hizbullah
    An Israeli court on Friday charged a Palestinian woman from east Jerusalem with membership in a terrorist organization after Israel's internal security service said the Lebanese group Hizbullah had recruited her five years ago. Yasmine Jaber wa…
    - 13 hours ago, 18 Sep 20, 10:37am -


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  • Pound marginally down as Cabinet deadlock endures
    The Lebanese pound fell marginally against the dollar Thursday as Prime Minister-designate Mustapha Adib struggled to rally lawmakers behind his vision for the shape of the new government.
    - 1 day ago, 17 Sep 20, 12:44pm -
  • France says Lebanese depositors may not get all their cash, minutes show
    A senior French official has said it might be difficult for Lebanon's banks to stick to the principle that savers should not lose any of their deposits, according to the minutes of a meeting in which France outlined steps to help the crippled banking…
    - 2 days ago, 17 Sep 20, 12:00am -
  • Dubai's DP World to partner with Israeli firm in bid for Haifa Port
    Dubai's DP World said Wednesday it is partnering with an Israeli group to bid for one of Israel's two main ports and possibly open a direct shipping line between the two Middle East states.
    - 2 days ago, 16 Sep 20, 1:37pm -
  • Global recession not as deep as expected: OECD
    The global recession this year will not be as deep as expected as a result of countries' efforts to counter the economic fallout from the coronavirus pandemic, the OECD said Wednesday.
    - 2 days ago, 16 Sep 20, 12:17pm -
  • France pressing IMF to help Lebanon
    France is putting pressure on the International Monetary Fund to reach a deal with the new Lebanese government once the economic reforms are implemented, a source said Tuesday.
    - 3 days ago, 15 Sep 20, 7:19pm -
  • US tariffs on China ruled to be illegal by world trade body
    The World Trade Organization said Tuesday that Trump administration tariffs on Chinese goods totaling more than $200 billion are illegal under the rules of the global trade body.
    - 3 days ago, 15 Sep 20, 6:03pm -
  • Lebanese pound rises against dollar
    The Lebanese pound rose against the dollar Tuesday, trading at around LL7,500 on the black market as officials intensified talks on the formation of a new government.
    - 3 days ago, 15 Sep 20, 1:41pm -
  • Vaccine hopes, dealmaking stoke Wall Street optimism
    London, Sept 14, 2020 (AFP) - European stock markets were close to flat Monday but Wall Street enjoyed positive midday trading, buoyed by coronavirus vaccine hopes and big-ticket deals.
    - 4 days ago, 14 Sep 20, 7:16pm -
  • OPEC cuts oil demand forecasts, BP sees 'peak oil' in 2020s
    Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday as it cut its forecasts.
    - 4 days ago, 14 Sep 20, 4:46pm -
  • Solidere shares soar above $15 despite downtown damage
    Solidere shares soared above $15 per share Monday despite the mass destruction in Beirut Central District caused by Beirut Port blast on August 4.
    - 4 days ago, 14 Sep 20, 3:00pm -
  • Pound falls as govt formation hits new snags
    The Lebanese pound fell against the dollar Monday as political differences mired efforts to form a new government tasked with leading the country out of crisis.
    - 4 days ago, 14 Sep 20, 1:38pm -
  • Gulf's fiscal diet risks deeper pain amid oil price uncertainty
    Oil-rich Gulf nations are relying on a well-worn playbook of spending less and borrowing more to get through the coronavirus crisis but with the outlook for oil clouded by uncertainty the strategy is riskier than before.
    - 5 days ago, 14 Sep 20, 10:21am -
  • Capital Bank begins due diligence to buy Audi's units in Jordan, Iraq
    Jordan's Capital Bank has begun due diligence on buying Lebanese Bank Audi's Iraq and Jordan units in an acquisition that will help the Jordanian bank to diversify and expand domestically and regionally, its chairman said.
    - 5 days ago, 13 Sep 20, 11:31pm -
  • Pound rises as Cabinet formation deadline nears
    The Lebanese pound rose against the dollar Saturday, trading at around LL7,475 on the black market, as the deadline to form a new government quickly approaches.
    - 6 days ago, 13 Sep 20, 12:00am -
  • Iran's currency hits new record low against the dollar
    Iran’s currency Saturday dropped to its lowest value ever against the dollar, and has seen its value fall by 30% since June amid severe U.
    - 6 days ago, 12 Sep 20, 3:36pm -
  • Head of Israel's biggest bank expects deals soon with UAE
    Israel’s biggest bank expects to strike deals soon with major lenders in the United Arab Emirates for the first time, its CEO said after meeting top Emirati business leaders Wednesday. It was the latest fruit of a historic U.S.-brokered deal to nor…
    - 9 days ago, 9 Sep 20, 7:42pm -
  • Can forensic auditing overcome Lebanon’s banking secrecy?
    Lebanon’s cherished Banking Secrecy law will be put to the test when New York based Alvarez & Marsal Company conducts forensic auditing of the Central Bank’s account.
    - 9 days ago, 9 Sep 20, 3:50pm -
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